Resource and Energy Economics最新文献

筛选
英文 中文
Sustainable per capita consumption under population growth 人口增长下的可持续人均消费
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101363
Geir B. Asheim , John M. Hartwick , Rintaro Yamaguchi
{"title":"Sustainable per capita consumption under population growth","authors":"Geir B. Asheim ,&nbsp;John M. Hartwick ,&nbsp;Rintaro Yamaguchi","doi":"10.1016/j.reseneeco.2023.101363","DOIUrl":"10.1016/j.reseneeco.2023.101363","url":null,"abstract":"<div><p>We establish two investment rules for maximal constant per capita consumption under exogenous population growth, one in terms of total capital stocks and the other in terms of per capita capital stocks. Both rules show the importance of the development of future population growth. The investment rules are illustrated in the one-sector model of capital accumulation, the DHSS model of capital accumulation and resource depletion, and the Stollery–d’Autume–Schubert model in which natural capital provides amenities. Application to recent empirical evidence indicates that actual genuine savings might be insufficient to sustain per capita consumption, when future population growth is combined with a large per capita consumption-wage gap.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101363"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45809690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Green monetary and fiscal policies: The role of consumer preferences 绿色货币和财政政策:消费者偏好的作用
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101370
Mohamed Tahar Benkhodja , Xiaofei Ma , Tovonony Razafindrabe
{"title":"Green monetary and fiscal policies: The role of consumer preferences","authors":"Mohamed Tahar Benkhodja ,&nbsp;Xiaofei Ma ,&nbsp;Tovonony Razafindrabe","doi":"10.1016/j.reseneeco.2023.101370","DOIUrl":"10.1016/j.reseneeco.2023.101370","url":null,"abstract":"<div><p>We establish a two-sector model to simulate the potential effects of green fiscal poli- cies and unconventional green monetary policy on the economy during a recovery or in case of a stimulus policy. We find that instruments such as a carbon tax, an implicit tax on brown loans, and a subsidy for the purchase of green goods are all beneficial to the green sector, in contrast to green quantitative easing. A carbon tax imposed directly on firms in the brown sector is the most effective tool to reduce pollution. More importantly, the marginal effects of green instruments on the economy depend on consumer preferences. Namely, the marginal effects are the most prominent when consumers start to purchase more green goods as an increasing part of their consumption basket. Furthermore, the effects of those green policies are more effective when the elasticity of substitution between green and brown goods increases. This finding suggests that raising consumers’ awareness and ability to consume green goods reinforce the effectiveness of public policies designed for low-carbon transition of the economy.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101370"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45197443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Tradable performance standards in a dynamic context 动态环境中的可交易绩效标准
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101373
Jonathon M. Becker
{"title":"Tradable performance standards in a dynamic context","authors":"Jonathon M. Becker","doi":"10.1016/j.reseneeco.2023.101373","DOIUrl":"10.1016/j.reseneeco.2023.101373","url":null,"abstract":"<div><p>Many sectors of the economy that are targets of emissions reduction policy exhibit price-responsive demand, long-lived capital, capacity constraints, and foresighted decision-making. I explore how these features affect the efficiency and dynamics of tradable performance standards (TPS) using analytical and numerical equilibrium models. While I show these dynamic considerations alone do not lead to conflicts with existing theory on the overall efficiency and cost-effectiveness of the TPS relative to a first-best policy, they do affect the transition path and steady state. Most notably, under all but the smallest discount rates, the TPS can lead to a more cost-effective post-transition steady state than the equivalent emissions cap. Given the intergenerational transition that comes with decarbonization, this result suggests some classes of present and future consumers may prefer a TPS to an emissions cap.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101373"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45345386","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Wood product differentiation in age-structured forestry 年龄结构林业的木材产品分化
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101374
Matti Laukkanen, Olli Tahvonen
{"title":"Wood product differentiation in age-structured forestry","authors":"Matti Laukkanen,&nbsp;Olli Tahvonen","doi":"10.1016/j.reseneeco.2023.101374","DOIUrl":"10.1016/j.reseneeco.2023.101374","url":null,"abstract":"<div><p>We develop the classic market-level, age-structured forest model by extending the description of forestry output from homogenous wood to a set of differentiated outputs such as sawlogs and biofuels. The extension changes several most established results on the long-run sustainable market equilibrium of forestry. We show the existence of an optimal steady state with two (or more) simultaneous rotation periods. This equilibrium yields a smooth timber flow without normal forest structure and thus deviates from existing normal forest results as well as results on equilibrium cycles. We further show that the optimal rotation structure depends on wood product demand and the demand for land outside forestry, another feature that is absent in previous model formulations.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101374"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41661128","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
How should the use of nonrenewables be taxed under a public budget constraint? 在公共预算约束下,不可再生能源的使用应该如何征税?
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101375
Julien Xavier Daubanes , Pierre Lasserre
{"title":"How should the use of nonrenewables be taxed under a public budget constraint?","authors":"Julien Xavier Daubanes ,&nbsp;Pierre Lasserre","doi":"10.1016/j.reseneeco.2023.101375","DOIUrl":"10.1016/j.reseneeco.2023.101375","url":null,"abstract":"<div><p>Most developed countries will be facing severe public budget constraints. We examine how extraction or use of nonrenewable resources should be taxed when governments need to collect commodity tax revenues. Moreover, we show how our results can be directly used to indicate how carbon taxation of nonrenewable energy sources should be increased in the presence of public-revenue needs. The obtained tax formula is an augmented, dynamic version of the standard Ramsey taxation rule. It distorts developed reserves, which are reduced, and their depletion, which is slowed down, going further in the direction prescribed for the resolution of the climate externality. We present a simple calibrated application of our results to illustrate how carbon taxation of oil should be strongly augmented, and the incidence of this adjustment on oil use and tax revenues.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101375"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45615430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
What makes green persuasion effective? Evidence from a community-financed sanitation program in Indonesia 是什么使绿色说服有效?印度尼西亚社区资助的卫生项目的证据
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101371
Hide-Fumi Yokoo , Tetsuya Harada
{"title":"What makes green persuasion effective? Evidence from a community-financed sanitation program in Indonesia","authors":"Hide-Fumi Yokoo ,&nbsp;Tetsuya Harada","doi":"10.1016/j.reseneeco.2023.101371","DOIUrl":"10.1016/j.reseneeco.2023.101371","url":null,"abstract":"<div><p>Understanding when and where face-to-face communication affects pro-environmental decisions is important for policymakers. We study a data set collected in a solicitation project intended to increase participation in a community-financed waste collection program in Indonesia. Two types of messages are developed and randomly assigned to 748 households. In addition, solicitors are randomly assigned to a control group or one of two treatment groups, and these groups are shuffled further midway through the project. These two orthogonal randomizations allow us to assess the impact of a combination of messages, solicitors and households. We find that the “help the children” message increases the probability of participation for households with a young child. Solicitor personality is associated with immediate participation but becomes nonsignificant after three months. Furthermore, a household is more likely to participate if a solicitor knows the respondent personally. These results suggest that, at least in the short term, important factors in encouraging behavioral changes include not only the contents of messages but also the type of sender of such messages. This paper highlights the possible impact of targeting and content-sender-receiver matching when persuasive communication is used as an environmental policy instrument.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101371"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44562051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An environmental Decameron: Introducing the special issue on ‘Carbon pricing, energy efficiency and renewable policies for a decarbonised future’ 环保十日谈:推出“碳定价、能源效率和可再生能源政策,实现脱碳未来”特刊
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101372
Simone Borghesi, Corrado Di Maria
{"title":"An environmental Decameron: Introducing the special issue on ‘Carbon pricing, energy efficiency and renewable policies for a decarbonised future’","authors":"Simone Borghesi,&nbsp;Corrado Di Maria","doi":"10.1016/j.reseneeco.2023.101372","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2023.101372","url":null,"abstract":"","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101372"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50198303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
International production chains and the pollution offshoring hypothesis: An empirical investigation 国际生产链与污染离岸假说的实证研究
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101357
Aurélien Saussay , Natalia Zugravu-Soilita
{"title":"International production chains and the pollution offshoring hypothesis: An empirical investigation","authors":"Aurélien Saussay ,&nbsp;Natalia Zugravu-Soilita","doi":"10.1016/j.reseneeco.2023.101357","DOIUrl":"10.1016/j.reseneeco.2023.101357","url":null,"abstract":"<div><p>Most analyses of the impact of heterogeneous environmental policy stringency on the location of industrial firms have considered the relocation of entire activities – the well-known <em>pollution haven hypothesis</em>. Yet international enterprises may decide to only offshore a subset of their production chain – the so-called <em>pollution offshoring hypothesis</em> (POH). We introduce a simple empirical approach to test the POH combining a comprehensive industrial mergers and acquisitions dataset, a measure of sectoral linkages based on input-output tables and an index score of environmental policy stringency. Our results confirm the impact of relative environmental policy stringency on firms’ decisions to engage in cross-country M&amp;As. Our findings also indicate that environmental taxation have a stronger impact on international investment decisions than standards-based policies. Further, we find that transactions involving a target firm operating in a sector upstream of the acquirer are more sensitive to environmental policy stringency, especially when that sector is highly pollution-intensive. This empirical evidence is consistent with the pollution offshoring hypothesis.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"73 ","pages":"Article 101357"},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46504997","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
An Environmental Decameron: Introducing the Special Issue on `Carbon Pricing, Energy Efficiency and Renewable Policies for a Decarbonized Future' 环境十日谈:介绍“面向脱碳未来的碳定价、能源效率和可再生能源政策”特刊
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-05-01 DOI: 10.1016/j.reseneeco.2023.101372
S. Borghesi, Corrado Di Maria
{"title":"An Environmental Decameron: Introducing the Special Issue on `Carbon Pricing, Energy Efficiency and Renewable Policies for a Decarbonized Future'","authors":"S. Borghesi, Corrado Di Maria","doi":"10.1016/j.reseneeco.2023.101372","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2023.101372","url":null,"abstract":"","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":" ","pages":""},"PeriodicalIF":2.9,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42963117","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hotelling and recycling 热处理和回收
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-04-01 DOI: 10.1016/j.reseneeco.2023.101358
Bocar Samba Ba , Raphael Soubeyran
{"title":"Hotelling and recycling","authors":"Bocar Samba Ba ,&nbsp;Raphael Soubeyran","doi":"10.1016/j.reseneeco.2023.101358","DOIUrl":"10.1016/j.reseneeco.2023.101358","url":null,"abstract":"<div><p>We study the exploitation of recyclable exhaustible resources such as metals that are crucial for the energy transition or phosphorus that is crucial for agricultural production. We use a standard Hotelling model of resource exploitation that includes a primary sector and a recycling sector. We study two polar cases: competitive and monopolistic extraction. We show that, when the primary sector is competitive, the Hotelling’s rule holds and the price of the recyclable resource increases over time. We then show a new reason why the price of an exhaustible resource may decrease: when the primary sector is monopolistic, the primary producer has incentives to delay its production activities in order to delay recycling. As a consequence, the price path of the recyclable resource may be U-shaped. Numerical simulations reveal that the monopolist has an incentive to delay extraction when the recoverability rate is high (because more recycled goods are produced) or when the recoverability rate is low (when fewer recycled goods are expected to be produced in the future). As a consequence, the date of exhaustion of the virgin resource is further away in time for high and low levels of recoverability than for intermediate levels.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"72 ","pages":"Article 101358"},"PeriodicalIF":2.9,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44963881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信